Cal Water news release

Comienza el servicio regular de agua para la Base de la Fuerza Aérea Travis

Service to Travis beginsEn el día de hoy Cal Water tomó posesión y comenzó a operar la provisión del servicio de agua para la Base de la Fuerza Aérea Travis (TAFB) Cal Water and TAFB officials commemorated the acquisition with a ribbon-cutting and open house at the base.

As part of the contract with the U.S. Department of Defense and decision by the California Public Utilities Commission (CPUC), Cal Water will provide CPUC-regulated water service to the base for a term of 50 years. The utility will operate, maintain, and upgrade the water system infrastructure that serves TAFB's more than 15,000 active and reserve personnel and civilians. Cal Water plans to make initial capital improvements of about $12.7 million on the 6,400-acre base within the first five years, and make an expected total capital investment of about $52 million over the 50-year term.

"At Cal Water, we like to say that we worry about the water so our customers don't have to; we are honored to be serving Travis Air Force Base service members and their families, so they can focus on serving our country," said Martin A. Kropelnicki, Cal Water President and Chief Executive Officer. "We look forward to providing TAFB with the quality, service, and value our customers expect and deserve."

Service to Travis begins

Este comunicado de prensa incluye declaraciones prospectivas en concordancia con lo establecido por la Ley de Reforma de Litigios sobre Valores Privados de 1995 ("La Ley"). Tales declaraciones intentan tener la protección de lo dispuesto por las leyes de valores federales para los principios de "puerto seguro" establecidos por esta Ley. Dichas declaraciones se basan en información actualmente disponible, expectativas, estimaciones, presunciones y proyecciones y criterios de manejo sobre la Compañía, la industria de servicios públicos del agua y las condiciones económicas generales. Tales palabras como podría, espera, pretende, planea, cree, estima, asume, anticipa, proyecta, predice, pronostica o variaciones de dichas palabras o expresiones similares tienen la intención de identificar a las declaraciones prospectivas. Las declaraciones prospectivas no son garantías de acciones futuras. Las mismas están sujetas a los cambios e incertidumbre de las circunstancias. Los resultados reales pueden variar materialmente del contenido de las declaraciones prospectivas. Factors that may cause a result different than expected or anticipated include, but are not limited to: governmental and regulatory commissions' decisions; consequences of eminent domain actions relating to our water systems; changes in regulatory commissions' policies and procedures; the timeliness of regulatory commissions' actions concerning rate relief and other actions; inability to renew leases to operate city water systems on beneficial terms; changes in California State Water Resources Control Board water quality requirements; changes in environmental compliance and water quality requirements; electric power interruptions; housing and customer growth index; the impact of opposition to rate increases; our ability to recover costs; availability of water supplies; issues with the implementation, maintenance or security of our information technology systems; civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; the adequacy of our efforts to mitigate physical and cyber security risks and threats; labor relations matters as we negotiate with the unions; restrictive covenants in or changes to the credit ratings on current or future debt that could increase financing costs or affect the ability to borrow, make payments on debt or pay dividends; general economic conditions, including changes in customer water use patterns and the effects of conservation; the impact of weather, climate, natural disasters, and diseases on water quality, water availability, water sales and operating results, and the adequacy of our emergency preparedness; and, other risks and unforeseen events. Al considerar las declaraciones prospectivas, usted debe tener en cuenta las declaraciones preventivas que se incluyen en este párrafo, al igual que el informe anual 10-K, el informe trimestral 10-Q y otros informes presentados ocasionalmente ante la Comisión de Valores y Bolsa (SEC, siglas en inglés). La Compañía no asume ninguna obligación de proporcionar actualizaciones de las declaraciones prospectivas por medios públicos.